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Fair Value of Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2016
Fair Value Disclosures [Abstract]  
Schedule of Financial Instruments at Fair Value

Information for financial instruments measured at fair value at December 31, 2016 and 2015 was as follows (in thousands):

 

Successor Derivatives, Fair Value, as of December 31, 2016

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets, gross

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commodity swaps

 

$

 

 

$

826

 

 

$

 

 

$

826

 

Total derivative assets, gross

 

 

 

 

 

826

 

 

 

 

 

 

826

 

Liabilities, gross

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commodity swaps

 

 

 

 

 

(50,240)

 

 

 

 

 

 

(50,240)

 

Total derivative liabilities, gross

 

 

 

 

 

(50,240)

 

 

 

 

 

 

(50,240)

 

Total derivatives, fair value, net

 

$

 

 

$

(49,414)

 

 

$

 

 

$

(49,414)

 

 

Predecessor Derivatives, Fair Value, as of December 31, 2015

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets, gross

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commodity swaps

 

$

 

 

$

355,329

 

 

$

 

 

$

355,329

 

Commodity puts

 

 

 

 

 

2,393

 

 

 

 

 

 

2,393

 

Total derivatives, fair value, net

 

$

 

 

$

357,722

 

 

$

 

 

$

357,722